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economy. he said inequality leaves the average family with less, consumer spending slows while the more concentrated wealth is less likely to result in consumer spending. the problem is inequality today is lower than it was when the economy was much stronger. look at the two biggest spikes over the last 20 years, they both came during economic booms. the first was in '99 and 2000 and then the second spike was in 2006 and 2007 just before the crisis. in fact, the top 1% had more in 2007 when unemployment was only 4.5%, than they do today. this is not to say that inequality is no the a problem and it has been growing since 2009, but even conservatives like rupert murdoch are warning about a, quote, class society and decline in opportunity but inequality driven more by rising stock markets and capital gains by the wealthy than the decline of those in the bottom. it is a byproduct of growth more than a cause of recession. i think too many people are conflating the recession with inequality. >> all
economy. he said inequality leaves the average family with less, consumer spending slows while the more concentrated wealth is less likely to result in consumer spending. the problem is inequality today is lower than it was when the economy was much stronger. look at the two biggest spikes over the last 20 years, they both came during economic booms. the first was in '99 and 2000 and then the second spike was in 2006 and 2007 just before the crisis. in fact, the top 1% had more in 2007 when...
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Dec 5, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. so you want to drive moreation, safely? of smart.and expenses stop eating. take deep breaths. avoid bad weather. [ whispers ] get eight hours. ♪ [ shouts over music ] turn it down! and, of course, talk to farmers. hi. hi. ♪ we are farmers bum - pa - dum, bum - bum - bum - bum ♪ >>> tonight new details about the horrific car crash that killed "fast and furious" star paul walker. preliminary coroner's report has ruled his death an accident. findings add to the picture still coming into focus. the high performance porsche hitting a light pole and tree on saturday before bursting into flames. the gap between the crash and the fire raised questions about whether the driver richard rodas may have survived the crash. kyu
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. so you want to drive moreation, safely? of smart.and expenses stop eating. take deep breaths. avoid bad weather. [ whispers ] get eight hours. ♪ [ shouts...
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Dec 6, 2013
12/13
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FOXNEWSW
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the white house obviously these numbers are proof the economy is getting better. critics warn low unemployment means the federal government may cut back on economic stimulus which could force the stock market to take a hit. chris wallace is live on capitol hill, celebrating a milestone. chris has been doing "fox knossos" for ten years. hart to believe. we have been stuck with you for ten years. >> i hope it's not stuck. we're going to have a little piece at the end of the show on sunday, taking a look bat at the highlights and lowlights of the last ten years. i'm sure you feel this, shep, with your show. just amazing over the course of a decade who you get to talk to, where you get to go. the adventures you go on, and i'm so grateful to have had the opportunity. >> tell me the lowlights. >> you probably know most of those as well. you'll see them. the good, the bad, and some surprises along the way. >> what do you make of this business on current topics? >> well, you mean in terms of the unemployment rate? >> yes. >> you're exactly right. it's great news. 7%. 203,
the white house obviously these numbers are proof the economy is getting better. critics warn low unemployment means the federal government may cut back on economic stimulus which could force the stock market to take a hit. chris wallace is live on capitol hill, celebrating a milestone. chris has been doing "fox knossos" for ten years. hart to believe. we have been stuck with you for ten years. >> i hope it's not stuck. we're going to have a little piece at the end of the show...
SFGTV2: San Francisco Government Television
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Dec 4, 2013
12/13
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man: infrastructure is vital to the american economy. water, after all, is an essential ingredient in hundreds of thousands of everyday products. narrator: agriculture and industry use roughly 80% of the water consumed in the united states. water is the basis for manufacturing many goods and provides the ability to clean and sterilize everything from computer chips to the surgical instruments used in hospitals. kelly: the minute that there's not enough water for businesses, industry, and individuals, they have to go elsewhere. and when they go elsewhere, jobs go elsewhere. your entire economy begins to suffer with the lack of clean water. narrator: while the water infrastructure provides for our health, safety, and economy, a growing concern is that the value society derives from water has not traditionally been reflected in the price we pay for water. man: when you take a look at how much people pay for water, as a percentage of median household income, it's usually less than 1%. and when you compare that to how much we pay for electric
man: infrastructure is vital to the american economy. water, after all, is an essential ingredient in hundreds of thousands of everyday products. narrator: agriculture and industry use roughly 80% of the water consumed in the united states. water is the basis for manufacturing many goods and provides the ability to clean and sterilize everything from computer chips to the surgical instruments used in hospitals. kelly: the minute that there's not enough water for businesses, industry, and...
SFGTV2: San Francisco Government Television
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Dec 3, 2013
12/13
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so it is also about supporting those under employed people, small businesses in this difficult economy. >> there are a lot of vacant storefronts, so we are trying to find people to read these spaces. there is a bookstore over there. this way there are a lot of businesses that have been closing. >> i support the small businesses versus more chain stores that seem to be coming in to some of the vacant storefronts. i am trying to be sensitive to the local merchants because they make up the unique character and diversity of our neighborhoods. you go to lafayette. i was just there reading to a bunch of kids. i think i was reading to fifth graders. what grade are you in? >> as a member of the school board, i know strong schools in the richmond is key. also, from the birth to 5 commission -- each commission has an organization to oversee pre-kindergarten kids. i want to ensure that the state level that we advocate strong support for young children and their families, good parenting support as well. >> often, we have to govern with our hearts. 80,000 people in the richmond district sometimes h
so it is also about supporting those under employed people, small businesses in this difficult economy. >> there are a lot of vacant storefronts, so we are trying to find people to read these spaces. there is a bookstore over there. this way there are a lot of businesses that have been closing. >> i support the small businesses versus more chain stores that seem to be coming in to some of the vacant storefronts. i am trying to be sensitive to the local merchants because they make up...
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Dec 3, 2013
12/13
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so the economy is 15 trillion-dollar. so it will generate jobs when those people will spend that money. but it's not a jobs program. it's a wage program. that increase, that economic activity, those people will spend that money. it will increase the amount for foods and services. who produces the goods and services? more workers, more workers will bwillneed to be hired. >> and richard, help me out here. will you be less reluctant to add another worker or two on a shift if your marginal costs per hour have gone up 10% to 25%? >> well, you have to put that question in context. first of all most of our low wage jobs are in the retail and service industries. a study was done on impact of raging minimum wage to $12.25. in the real retail industry that would amount to 1 hers of annual sales. 6% of payroll. so we're not talking about a dramatic shift, number one. number two, would you hire them? i think the answer is if you want to stay in business and want to stay competitive, yes, you will. no question about it. we're looking
so the economy is 15 trillion-dollar. so it will generate jobs when those people will spend that money. but it's not a jobs program. it's a wage program. that increase, that economic activity, those people will spend that money. it will increase the amount for foods and services. who produces the goods and services? more workers, more workers will bwillneed to be hired. >> and richard, help me out here. will you be less reluctant to add another worker or two on a shift if your marginal...
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Dec 5, 2013
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. >> there is increasing pressure on the ukrainian president as to the country's economy being in session. two dozen states are bundling up to ward off bitter temperatures. arctic air is chilling 32 million people. snow, ice and winds are making roads dangerous. major midwest cities are bracing for power outages. in montana wind chill readings hit minus 30. >>> today it's going to be a mess for a lot of people across the nation in terms of snow, freezing rain, cold temperatures. let's start with the snow. you can see how it's been moving across parts of minnesota and wisconsin. and the great lacks. we expect to see up to 20 inches of snow in that location over the next 24 hours. if you are driving on the highways near the border be careful. up here to the north-west. not a lot of snow left. cold air is coming into place, cooling down the places well below average. no snow you can see here on the forecast map for thursday. take a look at the temperatures for seattle. we'll see barely above freezing. high temperatures on saturday. overnight lows going into the teens for many there. you may
. >> there is increasing pressure on the ukrainian president as to the country's economy being in session. two dozen states are bundling up to ward off bitter temperatures. arctic air is chilling 32 million people. snow, ice and winds are making roads dangerous. major midwest cities are bracing for power outages. in montana wind chill readings hit minus 30. >>> today it's going to be a mess for a lot of people across the nation in terms of snow, freezing rain, cold temperatures....
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Dec 7, 2013
12/13
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good news for the white house and the economy. we'll see if it sustains into the fourth quarter and next month, and whether the deadline in washington. january the 15th, coming to an agreement. >> despite the economic news, 11 million americans are unemployed. since the recession, women have fared better than men in finding jobs. that's as more and more women are choosing to stay single and financially independent. >> marion luggett got married at 16, left her husband at 19. wanda was married at 17 and divorced later. >> i'm not going to depend on a >> i don't think i would have stepped out boldly or been successful if i had still been married. it's stad -- sad but true. >> these are two reflections of the marriage rate. half a century ago 61% of the population was married. now it's down to 35%. divorce is more common over the same period. from nine divorced women the rate climbs to 21 per thousand. marion and wanda represent the economic disparities. >> they haven't been used in 30-40 years. now they are going be developed into a
good news for the white house and the economy. we'll see if it sustains into the fourth quarter and next month, and whether the deadline in washington. january the 15th, coming to an agreement. >> despite the economic news, 11 million americans are unemployed. since the recession, women have fared better than men in finding jobs. that's as more and more women are choosing to stay single and financially independent. >> marion luggett got married at 16, left her husband at 19. wanda...
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adam: is a good economy are good news for the economy good news for the market? why he thinks the taper will be harmless for stocks. cheryl: congress getting in the way of business? uncertainty in washington driving companies to look overseas. that story coming up as "markets now" continues. adam: markets are rallingly on better than expected news out of jobs report. we want to head back to the floor of the new york stock exchange and nicole petallides. the dow is up what, more than 150 points at this point? >> right now 173 points to the upside. 15,994 at highest point. we did cross the 16,000 mark. we are seeing gains. saw better than expected jobs numbers for the month. so that was some good news. and we've got plenty of names hitting all-time highs like google and yep motors. i want to take you to take a look at boston scientific, a name with an up arrow up 4 1/2%. they had their ratings raised to outperform from market perform. that is some good news there over at cowan. the fact that they're working with spinal cord simulator. working with them as well. tha
adam: is a good economy are good news for the economy good news for the market? why he thinks the taper will be harmless for stocks. cheryl: congress getting in the way of business? uncertainty in washington driving companies to look overseas. that story coming up as "markets now" continues. adam: markets are rallingly on better than expected news out of jobs report. we want to head back to the floor of the new york stock exchange and nicole petallides. the dow is up what, more than...
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economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. dennis: the jobs market seems to be going in the right direction of that will it allow jobless benefits anyway? we have christopher dodd and jaundice and do you feel based on today's numbers it was a key jobs report that first of all, to start with men of wage? raised the minimum wage? >> no reason why people who work full time should not be able to afford to live. read a living wage where people could feel proud of what they do of what ever it is said the jobs created our service level jobs. a lot of people who have been through world war i of the unionized workers are of manufacturing paint is working in the service sector. then now these people go to work but now the government has to subsidize. stay back here is the
economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. dennis: the jobs market seems to be going in the right direction of that will it allow jobless benefits anyway? we have christopher dodd and jaundice and do you feel based on today's numbers it was a key jobs report that...
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Dec 8, 2013
12/13
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the deal which lifted sanctions on iran has benefitted his country's economy. >> controversy over the latest projectproject on artist cristo. some say it will damage the eco-system. >> it's called "over the river". the arkansas in south central colorado. what cristo wants to do here is suspend hundreds of huge panels of silvery cloth nearly six miles of it in eight sections along a 42-mile stretch of the river. the drawing shows how the sun light will filter through the fafabric. >> the best way to see it is underneath on a raft drifting through big horn sheep canyon. >> we have 300,00 300,000 raften the summertime and that is spectacular to experience the project. >> it's a created play of light passing through the fabric reflecting through the water. up, not down. cristo and his team have been working for "over the river" for more than 20 years. they have had to get approval because much of the project is on emplo protected land. cristo is raising the $50 million that it costs by selling hundreds of works which he makes by hand. he and his wife became famous for their out sized and
the deal which lifted sanctions on iran has benefitted his country's economy. >> controversy over the latest projectproject on artist cristo. some say it will damage the eco-system. >> it's called "over the river". the arkansas in south central colorado. what cristo wants to do here is suspend hundreds of huge panels of silvery cloth nearly six miles of it in eight sections along a 42-mile stretch of the river. the drawing shows how the sun light will filter through the...
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the economy gained 200,000 new positions last month. >>> in mexico startling new developments about a cargo of stolen radioactive material. they havthey have arrested two . they are being treated for raid radiation poisoning. poisoning. ♪ ♪ >>> as the word continues to mourn the loss of nelson mandela, stories are emerging of how america was crucial in the fight against racial segregation. consider this what was america's role in helping break the power of apartheid ove overseas the secretary for african a affairs will join us. >>> new york's mayor elects one of the biggest supporters to head the nypd. >>> a new wave of violence hit bebengazi. >> what would it be like to live on a floating ship in the middle of the ocean. >>> welcome to "consider this". we begin with the celebration of the life and legacy of nelson mandemandela. a ten-day mourning period began in south africa where mandela ercheddeendended the wave of ap. >>> mamandela's fellow lauret sd the sun will rise tomorrow and the next day and the next. it may not appear as bright today but life will carry on. joining me n
the economy gained 200,000 new positions last month. >>> in mexico startling new developments about a cargo of stolen radioactive material. they havthey have arrested two . they are being treated for raid radiation poisoning. poisoning. ♪ ♪ >>> as the word continues to mourn the loss of nelson mandela, stories are emerging of how america was crucial in the fight against racial segregation. consider this what was america's role in helping break the power of apartheid ove...
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Dec 6, 2013
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we had the largest economy in the country and maybe the world. i will tell you this quickly. after i had the bill introduced and passed, working and all of that, when nelson was out, i still would not support the idea that we should rebuild the legislation that we have done. one day i am in my office and get a telephone call. who is on the other line? nelson mandela. he says, it is time to let go. i said -- yes. he said, it is time to repeal the legislation. tavis: what is amazing is he calls you to tell you that. -- in thisntry country we did not take him off the terrorist list until -- after the nobel peace prize. i went into his house and he said i never thought you would be in my house. tavis: thank you both. i appreciate it. with the passing of nelson mandela, the world has lost a towering force for moral leadership and a kind and inspiring human being. his courage and strength in the face of unrelenting violence and his compassion for those who try to destroy him have inspired all of us who shared in his lifetime and will -- he will continue to inspire generations no do
we had the largest economy in the country and maybe the world. i will tell you this quickly. after i had the bill introduced and passed, working and all of that, when nelson was out, i still would not support the idea that we should rebuild the legislation that we have done. one day i am in my office and get a telephone call. who is on the other line? nelson mandela. he says, it is time to let go. i said -- yes. he said, it is time to repeal the legislation. tavis: what is amazing is he calls...
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economy and why can you move the tv out here? the wireless receiver. i got that when i switched to u-verse. but why? because it's so much better than cable. it's got more hd channels, more dvr space. yeah, but i mean, how did you know? i researched. no, i-i told you. no. yeah! no. the importan and i got you this visor. you made a visor! yes! that i'll never wear. ohh. [ male announcer ] get u-verse tv for just $19 a month for two years with qualifying bundles. rethink possible. >>> employers added 200,000 people to payrolls driving the unemployment rate down to 7%. that is a five year low and a sign the economy is now beginning to ramp up after the great recession in a long, sluggish recovery. other signs, nearly a quarter of the november job growth came in manufacturing and construction. those are good paying jobs, too. and hourly pay sup. average wage earner making $24.15 per hour, working 34.5 hours per week. down side is that 4 million people have been out of work six months or longer and percentage of adults working or looking for jobs is year low
economy and why can you move the tv out here? the wireless receiver. i got that when i switched to u-verse. but why? because it's so much better than cable. it's got more hd channels, more dvr space. yeah, but i mean, how did you know? i researched. no, i-i told you. no. yeah! no. the importan and i got you this visor. you made a visor! yes! that i'll never wear. ohh. [ male announcer ] get u-verse tv for just $19 a month for two years with qualifying bundles. rethink possible. >>>...
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inequality jeopardized this nation's middle class and urging washington to take steps to ensure the economy works for everybody. >> child born in top 20% has about a 2 and 3 chance of staying at or near the top. a child born into bottom 20% has a less than one in 20 shot at making it to the top. >> the president is also calling for a hike in the federal minimum wage saying increase would be a good step for families and the economy. right now it's 7:25 per hour, democrats pushed to increase to $ten per hour. >> a new study finds what children flern preschool may keep them from dropping out late scombrer away from crime. they did find children who received quality preschool education did better in reading and math in kindergarten but had better social skills. >> it's about paying attention, about controlling your impulses. about sharing. about regulating your behavior. it's those character skills that are going to make you an accessible citizen. >> early school successes have a chain reaction. kids who are success envelope kindergarten do well in third grade and children who perform well in t
inequality jeopardized this nation's middle class and urging washington to take steps to ensure the economy works for everybody. >> child born in top 20% has about a 2 and 3 chance of staying at or near the top. a child born into bottom 20% has a less than one in 20 shot at making it to the top. >> the president is also calling for a hike in the federal minimum wage saying increase would be a good step for families and the economy. right now it's 7:25 per hour, democrats pushed to...
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Dec 9, 2013
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. >> they are causing them to become a perpetual part of the unemployed in our economy and while it seems good, it does a disservice to those who need a help. >> and they said it wasn't part of the necessity of a budget agreement. >> negotiations are moving in the right direction. they haven't closed the deal. but i hope as part of it, the negotiators will take to heart what the president had to say. >> the budget conferree was optimistic. >> the key is not to raise taxes at a time when the economy is still week and i think we can accomplish that over the next couple of days. >> there was an agreement on a defense authorization bill which extends combat bay and a compromise of sexual assault prosecutions and a transfer of some gitmo detainees and a deal of chemical weapons. >> on the defense, the house would go first and then the senate could finish up. a deal could be announced as soon as tomorrow to allow time for votes so the threat of a government shutdown doesn't loom over christmas. >> thank you. >>> lying to a senate could be severeus. the truth about lying to the nsa. >> not even
. >> they are causing them to become a perpetual part of the unemployed in our economy and while it seems good, it does a disservice to those who need a help. >> and they said it wasn't part of the necessity of a budget agreement. >> negotiations are moving in the right direction. they haven't closed the deal. but i hope as part of it, the negotiators will take to heart what the president had to say. >> the budget conferree was optimistic. >> the key is not to...
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Dec 9, 2013
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only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> welcome back to "the lead." i'm jake tapper. now turning to the national lead. it's kind of like the matrix except the agents are with the nsa and british intelligence and their targets are terror suspects. we learned today that government spies have reportedly been infiltrating the virtual worlds of online video games like "world of war craft" and "second life" to try and recruit informants and stop terror attacks before they happen. that's according to documents leaked by former nsa contractor edward snowden and reported in a joint investigation by the "new york times," pro publica and the guardian. now, if your knowledge of the video game universe begins and ends with "frogger" don't worry. we will break it down for you. spencer ackerman, u.s. national security editor at the guardian joins me from new york. spencer, the guardian's calling this a hoarde of undercover orks. please break out the nerd to english/english to nerd dictionary and translate that for us. >> w
only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> welcome back to "the lead." i'm jake tapper. now turning to the national lead. it's kind of like the matrix except the agents are with the nsa and british intelligence and their targets are terror suspects. we learned today that government spies have reportedly been infiltrating the virtual worlds of online video games like "world of war craft" and "second life" to try and...
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Dec 10, 2013
12/13
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it seems like the economy might be on the uptick here. we might have a chance for historic deal in iran. i mean, there are things out there that could turn good for him. but i will be the first to tell you the last couple of months will be be for the president. the president tough period. no doubt about that. >> i'm not going to be convinced on the economy until doesn't matter 7.1 or 7 or 8.2 unemployment. if the wages are stagnating going down, which they're. okay. i mean that's a sign of the economy. >> pressure on the last numbers. i don't know if it will stay. >> not on wages. like 0.4%. it was nothing. nothing. >> something. >> talking about seeing a glass half full, carville, come on. these people are getting pounded, man. can't make any money. >> look, the health care thing is working better. i would say even much better. the economy is showing some signs of improvement. >> all right. so you say. >> some signs are there. >> james carville, everybody. next on the rundown, brit hume sees it a bit differently. he will analyze the pres
it seems like the economy might be on the uptick here. we might have a chance for historic deal in iran. i mean, there are things out there that could turn good for him. but i will be the first to tell you the last couple of months will be be for the president. the president tough period. no doubt about that. >> i'm not going to be convinced on the economy until doesn't matter 7.1 or 7 or 8.2 unemployment. if the wages are stagnating going down, which they're. okay. i mean that's a sign...
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Dec 7, 2013
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KOFY
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that is a five year low and a sign the economy is now beginning to ramp up after the great recession in a long, sluggish recovery. other signs, nearly a quarter of the november job growth came in manufacturing and construction. those are good paying jobs, too. and hourly pay sup. average wage earner making $24.15 per hour, working 34.5 hours per week. down side is that 4 million people have been out of work six months or longer and percentage of adults working or looking for jobs is near a 35 year low. >> nasdaq is up almost 30 and google up to a all-time high. apple demanding more money tonight, a jury concluded apple owes for stealing patented features, apple asked a judge for an extra $22 million for legal fees and other costs. >> and barns and noble disclosed the government is looking at its books arcs kting books the investigation from an employee allegation of an improper allocation of expenses between barns and noble retail segment and unit that makes the nook e reader. >> coming up next tonight's breaking news. a bay area man now relesioned from north korea. >> you're going t
that is a five year low and a sign the economy is now beginning to ramp up after the great recession in a long, sluggish recovery. other signs, nearly a quarter of the november job growth came in manufacturing and construction. those are good paying jobs, too. and hourly pay sup. average wage earner making $24.15 per hour, working 34.5 hours per week. down side is that 4 million people have been out of work six months or longer and percentage of adults working or looking for jobs is near a 35...
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Dec 8, 2013
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ALJAZAM
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the chinese investment will provide a life line for the battered ukraine can economy. $3 billion is being provided to bolster sevastopol's ports. twice that will be used to update crimean. >> trade between europe and china have to travel around the whole of europe. when this port is constructed ships can go straight across the black sea. the ukrainian company is sandwiched between its warships and russias, but has been building a profitable business exporting steel and grain. they've been battling recession in the world market and at home. the commercial director is optimistic about the future, despite the political turmoil in kiev. >> translation: as the grain and coal production grose in the future in you grain, we believe the investment in the port is necessary to match the trend in these sebbing tors. >> president viktor yanukovych has brought home an important prize. it sends a message to the european union and russia, that they are not the only players in this town. >> the chinese businessman made headlines with plans to build a $40 million canal in nicaragua. >> a car bomb attack o
the chinese investment will provide a life line for the battered ukraine can economy. $3 billion is being provided to bolster sevastopol's ports. twice that will be used to update crimean. >> trade between europe and china have to travel around the whole of europe. when this port is constructed ships can go straight across the black sea. the ukrainian company is sandwiched between its warships and russias, but has been building a profitable business exporting steel and grain. they've been...
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Dec 4, 2013
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wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. >>> bicycles does that have anything to do with building obamacare web site that isn't what cgi thinks. good evening, i should add that how they are spending their time is not on taxpayer dime but tell me about this 2009 event that they had. >> this event, greta, was an offsite meeting. primarily of the top brass at cgi federal which is the main contractor responsible for healthcare.gov. it included, it being the offsite event some team building exercises. these exercises are ripe in corporate america. in this particular case the exercise involved people putting together children's bicycles with tassels and things apparently got out of hand a little and people ended up riding the bicycles drunk through the hallways of this luxury resort. >> let me emphasize private company as well as on the taxpayer dime this one. i want to reemphasize that. what is cgi? who are they? >> cgi is interesting. cgi federal is based in fair
wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. >>> bicycles does that have anything to do with building obamacare web site that isn't what cgi thinks. good evening, i should add that how they are spending their time is not on taxpayer dime but tell me about this 2009 event that they had. >> this event, greta, was an offsite meeting. primarily of the top brass at cgi...
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. >> through the government shut down, the economy lot of $24 billion. unnecessary, shameful action. the cost of providing unemployment compensation over the next year, $24 billion. >> i wonder if on the unemployment insurance, you are trying to convince somebody to purchase they may not need or want. when it comes to unemployment insurance, everyone knows you can be unemployed. what is the tactical reason that can be derived to say we will save this tiny amount of money. >> i don't know what the advantage is here. people again, folks living paycheck to paycheck and unemployment benefits is direct money into the hands of people who need it and into the communities. they have money for food and shelter and clothing. whatever it is they need. republicans who always express all this care and concern about the american worker and they are speaking for the american people, they go mute when it comes time to help them. >> i wonder if the president's best ally, the wingman if it were will be the hope. the president is sort of making that shared community argume
. >> through the government shut down, the economy lot of $24 billion. unnecessary, shameful action. the cost of providing unemployment compensation over the next year, $24 billion. >> i wonder if on the unemployment insurance, you are trying to convince somebody to purchase they may not need or want. when it comes to unemployment insurance, everyone knows you can be unemployed. what is the tactical reason that can be derived to say we will save this tiny amount of money. >> i...
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Dec 5, 2013
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WUSA
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. >>> the federal reserve found the economy held steady during the 16-day shutdown. seven of the bank's 12 banking districts found the growth moderate. most will not change its stimulus program when it meets on december 17th. >>> start the presses. "newsweek" is going back into print. paper copies of "newsweek" will begin rolling off the presses next year. "newsweek" stopped publishing print editions a year ago. the magazine's owner ibt media wants the weekly version to be paid for by subscription fees instead of advertising. no word on how much that magazine will cost. >>> well, the super bowl is still two months away but all the ad spots have been sold. that's one month earlier than last month's game. fox sports says one reason is that the super bowl will be played in the new york market. it's estimated that some 30-second spots sold for more than $4 million. >>> and, anne-marie, you have a smartphone, right? maybe a smart tv? how about a smart bra? >> well, it's a concept from microsoft to combat overeating. the smart bra has removable sensors that monitor heart r
. >>> the federal reserve found the economy held steady during the 16-day shutdown. seven of the bank's 12 banking districts found the growth moderate. most will not change its stimulus program when it meets on december 17th. >>> start the presses. "newsweek" is going back into print. paper copies of "newsweek" will begin rolling off the presses next year. "newsweek" stopped publishing print editions a year ago. the magazine's owner ibt media...
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Dec 8, 2013
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we don't like the current economy, what i going to do to get us to grow at the rate we ought to? coming out of this deep of recession, we will be growing five or 6% a year. we should be pulling back into the middle class. we will be solving a lot of our problems by just the sheer dynamics of a recovery. we are getting none of that right now. don't just tell me which are getting. don't know what you're for. i've been to all too many campaigns in the last 15 years that have been negative, eddie, personality oriented and they think they don't show the country well and i don't think will solve our problems with that approach. i hope you will read "breakout" but if you agree with me that this was an important concept inhibiting the people who think in that line in future, think about prison guards of the pass, we could really begin a dialogue that is future past and is very powerful in terms of bringing many people together who wouldn't know my think they were on the same side and i would appreciate it if you decide the street if you let all your friends and neighbors interface with a
we don't like the current economy, what i going to do to get us to grow at the rate we ought to? coming out of this deep of recession, we will be growing five or 6% a year. we should be pulling back into the middle class. we will be solving a lot of our problems by just the sheer dynamics of a recovery. we are getting none of that right now. don't just tell me which are getting. don't know what you're for. i've been to all too many campaigns in the last 15 years that have been negative, eddie,...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses she loves a lot of it's what you love about her. but your erectile dysfunion - that cld be a question of blood fl. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed taet approved to treat ed and symptoms obph, like needing to go frequely or urgently. tell your doctor about all your medical conditions and medications, and ask your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in bloopressure. do not drink alcohol in excess with cialis. side effects may include
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses she loves a lot of it's what you love about her. but your erectile dysfunion - that cld be a question...
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rowe price, we understand the connections of a complex, global economy. it's just one reaso er 70% of our mutuafunds beat their 10-yr lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. melissa: it is time for fun with spare change, this time it could add up to big bucks, did you know if your credit card has a price matching program, they will match lowest price of a product after you bought it, they you back at difference, some cases up to $ 500, a lot of people have it don't know it. john, with smart credit.com. so, how many credit cards offer this how do i get my money back in. >> you would be surprised how many. pretty much everyone with a mastercard or visa logo or discover or american express off are a price matching or price protection benefit that nobody knows about, i saw a survey less than 1% of card holders know they have this benefit. >> it sounds tedious, do i have to monster where ads are and ho
rowe price, we understand the connections of a complex, global economy. it's just one reaso er 70% of our mutuafunds beat their 10-yr lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. melissa: it is time for fun with spare change, this time it could add up to big bucks, did you know if your credit card has a price matching program, they will...
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Dec 5, 2013
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KPIX
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. >> the city an economy are blooming for people with access to greater education, more experience in high-tech industry, and not necessarily people who are in our neighborhoods. >> reporter: gabriel metcalf of the san francisco planning and research association understands the apprehension. >> people are really afraid especially renters like me if you lose your apartment, you have to move out of the city most likely. >> reporter: speaking of moving, st
. >> the city an economy are blooming for people with access to greater education, more experience in high-tech industry, and not necessarily people who are in our neighborhoods. >> reporter: gabriel metcalf of the san francisco planning and research association understands the apprehension. >> people are really afraid especially renters like me if you lose your apartment, you have to move out of the city most likely. >> reporter: speaking of moving, st
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. mm. mm-hmm. [ enne revs ] ♪ [ male announcer ] oh what fun it s to ride. get the mercedes-benz your wish list at the winter event going on now -- but hurry, the offers end december 31st. [ sant] ho, ho, ho! [ male announcer ] lease the 2014 glk350 f $419 a month at your local mercedes-benz dealer. i i'm careful investor. when you do what io, you think about risk. i don'like the ups and downs of the market, but i can't just sit on my cash. i want to be prepared for the long haul. ishares minimum votility etfs. investments designed for a smoother ride.
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from...
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Dec 2, 2013
12/13
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CNNW
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he called for a managed economy. but it's some of the language that pope francis is using that has set something off with rush limbaugh. the idea of trickle-down economics, which means something very specific, specifically to american consumers, regan annecks, and this is something that rush can't necessarily stomach. what will be truly interesting is to see what republican catholics say about the new pope. he's called the people's pope. he's wildly popular in many parts of the world, including right here in the united states. you have paul ryan, you have our own newt gingrich, rick santorum, a guy named chris christie, who are all catholics right now. i would be shocked if these potential candidates were to go out and be critical of this pope who, as i said, is wildly popular in many parts of the country. >> you mentioned potential candidates, but catholics are also a key voting bloc, yes? >> white catholics are often seen as the key. the key swing group. you can look where white catholics vote and see how an electi
he called for a managed economy. but it's some of the language that pope francis is using that has set something off with rush limbaugh. the idea of trickle-down economics, which means something very specific, specifically to american consumers, regan annecks, and this is something that rush can't necessarily stomach. what will be truly interesting is to see what republican catholics say about the new pope. he's called the people's pope. he's wildly popular in many parts of the world, including...
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economy today at 8:30 a.m. eastern when it was revealed we saw 203,000 jobs added in september. -- november. unemployment rate dropping to five-year low of 7%. that is latest of series of stronger than expected reports on the economy. david: but are today's data strong enough to convince the fed to taper bond buying program before the end evident year? we have payden & regal's senior economist. jeffrey, thanks for coming in. appreciate it. >> hi, david. david: the reason the market was so happy, it wasn't quite good enough to make it a sure thing there would be a taper in the next meeting but again it indicates a strength that may keep that purchasing power going on the part of the consumer, right? >> well, 200,000 jobs, it's dead on the three-month average, david. it's just above the 12-month average. if you look at the three-year average, that is 190,000. so we're right in there. continued moderate growth. that's good but the fed is looking for more than just payroll growth. they want to see inflation stabliz
economy today at 8:30 a.m. eastern when it was revealed we saw 203,000 jobs added in september. -- november. unemployment rate dropping to five-year low of 7%. that is latest of series of stronger than expected reports on the economy. david: but are today's data strong enough to convince the fed to taper bond buying program before the end evident year? we have payden & regal's senior economist. jeffrey, thanks for coming in. appreciate it. >> hi, david. david: the reason the market...
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Dec 8, 2013
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ALJAZAM
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rouhani said the deal has already benefitted his country's economy. >>> remembering nelson mandela. today marks the beginning of a week of remembrance. they have a day of prayer and reflection. earlier today the mandela foundation held a service. services like this were held throughout the country and really around the world. alan joins us life from south africa. alan, how are people paying tribute to mandela? from what i hear and see behind is any indication, they're doing it by celebrating. >> reporter: absolutely, richelle. the folks here in soweto are handling the party end of that equati equation. they've been doing it for days now and they'll go long into the night, too, and through the wee hours. it's a tremendous scene. for the more sub dued and reflective part of the formula, the national day of prayer. we attended mass at a huge catholic church not far from him. the population of the congregation in church today, the sounds of soweto, of a nation on what is not just another sunday. ♪ >> reporter: the congregation of the biggest catholic church in this largest christian c
rouhani said the deal has already benefitted his country's economy. >>> remembering nelson mandela. today marks the beginning of a week of remembrance. they have a day of prayer and reflection. earlier today the mandela foundation held a service. services like this were held throughout the country and really around the world. alan joins us life from south africa. alan, how are people paying tribute to mandela? from what i hear and see behind is any indication, they're doing it by...
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are getting on gold sanctions, petra chemicals, we think that's going to give them a boost for their economy and, for that, we do not get an agreement in which the centrifuges stop spinning. so from our standpoint in congress, we passed my legislation along with elliott engles with a vote to increase sanctions until we get the kind of agreement that we need. give the iotola a choice between economic implosion or true compromise. we don't see the compromise at this point especially with the comments being made by the foreign minister and president rouhani at this point. >> he does indicate that things are boosted and better. clearing feeling that this has been a good deal for the iranian people or at least for iranian leadership. today, benjamin netanyahu spoke at the forum and talked about the fact that history will be altered if iran gets nuclear weapons and also said that history is going to judge all of us, american leaders, israeli leaders and others about how they handled this delicate situation. do you think we're on the right or wrong path as far as how history will view this? >> hist
are getting on gold sanctions, petra chemicals, we think that's going to give them a boost for their economy and, for that, we do not get an agreement in which the centrifuges stop spinning. so from our standpoint in congress, we passed my legislation along with elliott engles with a vote to increase sanctions until we get the kind of agreement that we need. give the iotola a choice between economic implosion or true compromise. we don't see the compromise at this point especially with the...
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talking about the economy. what is his read on things? >> well he didn't give us any kind of economic report card. this was a speech largely on economic inequality. it was about economic mobility. the ability of people to move up in income classes with better jobs and better training, et cetera. and it was, mainly to support the president's agenda items, including obamacare but also his education initiatives and other measures. back to you. ashley: peter barnes, thank you so much. >> you bet. tracy: let's get a quick reaction on these markets after that news peter just brought us. nicole petallides on floor of the new york stock exchange. little bit of movement. >> yeah a little bit of movement up off the lows. keeping close eye on 10-year bond. 2.84% on the 10-year and that is very key. all to the downside coming off the lows of the day. tracy and ashley, lowest point on the dow was 15,791. we're now 15,825. you have seen some improvement. that being said the financials were trying to give it a go. the financials have been extremely weak
talking about the economy. what is his read on things? >> well he didn't give us any kind of economic report card. this was a speech largely on economic inequality. it was about economic mobility. the ability of people to move up in income classes with better jobs and better training, et cetera. and it was, mainly to support the president's agenda items, including obamacare but also his education initiatives and other measures. back to you. ashley: peter barnes, thank you so much....
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Dec 5, 2013
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the nature of the economy looks like a republican economy, in so far as it is a very unequal one. >> the inequality causes low economic growth. you can't get job growth with these levels of poverty. you can't have the jobs that invest in health care, the tax breaks are given to the rich -- >> you have a lot less productive -- productive consumption, essentially, the money points back to the economy. >> you don't have demand because people don't have jobs or they're working at low wage work. so you don't have the demand that would spark business investment. >> and the president today i think was making this very practical case, which was interesting, he kept saying it is not ideological, this is actually the thing that is not working. i think that pragmatic argument has been a rising argument in the last few years. >> oh, no, there has been speculation on the right wing, the left wing, the data is out, it is correlated with sluggish growth. that some of the most equal societies in the world actually have the highest economic growth and the more emphasis on education. we taught the nat
the nature of the economy looks like a republican economy, in so far as it is a very unequal one. >> the inequality causes low economic growth. you can't get job growth with these levels of poverty. you can't have the jobs that invest in health care, the tax breaks are given to the rich -- >> you have a lot less productive -- productive consumption, essentially, the money points back to the economy. >> you don't have demand because people don't have jobs or they're working at...
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. >>> the economy is climbing back. i'm christine romans. the economy is growing at the fastest pace since the beginning of 2012. driving growth? businesses. do they expect demand from consumers to surge and what happens if consumers are not buying? another critical sector to watch, housing. sales of new homes up 25% in october. the sharpest gain in 35 years. positive jobs numbers show the economy is healing. 203,000 jobs added in november. the u.s. on track now to create the most jobs since 2005. the jobless rate lowest in five years. stock market may have taken a breather, but it is a banner year for stocks. 25% of americans hold three quarters of all stocks. many americans are more concerned where the next meal is coming from than the 401(k). fast food workers striking against poverty wages. the economy, jobs, minimum wage. that is the president's agenda for the next three years. alex is the business director and chairman of the economic advisers. also with me is a former adviser to presidential candidate mitt romney. austin, let me start
. >>> the economy is climbing back. i'm christine romans. the economy is growing at the fastest pace since the beginning of 2012. driving growth? businesses. do they expect demand from consumers to surge and what happens if consumers are not buying? another critical sector to watch, housing. sales of new homes up 25% in october. the sharpest gain in 35 years. positive jobs numbers show the economy is healing. 203,000 jobs added in november. the u.s. on track now to create the most jobs...
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Dec 4, 2013
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i mean, one sixth of our economy. and the fact that he has failed, i think he has to be accountable for this. and -- >> well, mercedes, you're right. >> pr is not going to work for the president. >> mercedes, this is bad management, we have to hold the president accountable for what happened with that website. but that is not the whole story. the story is about trying to improve a health care problem. >> i am telling you, juan, mark my words, and i'll bet any amount for your charity of choice. you cannot fix this plan. it is unfixable. because it is predicated on the redistribution of wealth. the healthy will pay for the unhealthy and the insured. and you still have 30 million uninsured. >> did you tell president bush that about prescription drug benefits? >> yeah, i was against the prescription drug benefits -- >> and against social security, too? >> no, don't put words in my mouth. you're getting cranky, i see those gray hairs coming out. don't make fun of this gray hair, i worked hard for this. >> well, you're both
i mean, one sixth of our economy. and the fact that he has failed, i think he has to be accountable for this. and -- >> well, mercedes, you're right. >> pr is not going to work for the president. >> mercedes, this is bad management, we have to hold the president accountable for what happened with that website. but that is not the whole story. the story is about trying to improve a health care problem. >> i am telling you, juan, mark my words, and i'll bet any amount for...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. melissa: looking for a job? many people think the holidays are a dead zone for job opportunities. well, think again. while you might be sitting on the sidelines, my next guest says it could actually be one of the best times of year to send out your resumÉ. with me now is tom gimble. why is this a good time of year? it really goes against everything that is logical to me. >> well, mostly glad to be with you. the fact of the matter is sometimes you've got to turn the logical paradigm upside down and say if other people are taking time off, this is a time to jump right in and make something happen. and while some people may be taking time off over the holidays, there's other people that have to be there manning the shop, an
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. melissa: looking for a job? many people think the holidays are a dead zone for job opportunities. well, think again. while you might be sitting on the...
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keep in mind, that's as the economy improves, there's still so many people out there suffering. >>> it is going to be cold. let's get the latest for u. >> spencer christian is tracking it. spencer? >>> yes, the cold snap will make us quickly forget about the mild spell we just had. live doppler 7 h.d. up north, a shrinking area of light rain. it was a much wider area earlier moving south of eureka toward mend cito county and the bay area. not the possibility of showers we're concerned about but thea, rival of very cold air. a freeze watch is in effect for tuesday night, tomorrow into wednesday morning for the north bay, the strait and delta. subfreezing temperatures will be spread all across this area. possible damage to sensitive plant and exposed pipes. now the following morning or night, wednesday into thursday morning, the freeze watch expands to virtually all of the bay area with the exception of san francisco. it will be even colder with still freezing temperatures spreading southward. there's an increased risk of hypothermia. as we look live from the east bay hills camera, here'
keep in mind, that's as the economy improves, there's still so many people out there suffering. >>> it is going to be cold. let's get the latest for u. >> spencer christian is tracking it. spencer? >>> yes, the cold snap will make us quickly forget about the mild spell we just had. live doppler 7 h.d. up north, a shrinking area of light rain. it was a much wider area earlier moving south of eureka toward mend cito county and the bay area. not the possibility of showers...
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Dec 6, 2013
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BLOOMBERG
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the economy there collapsed. that plays into capitalism. >> when he was elected, many people did not know who he was. we are still learning about him and his time. also, his interactions with the poor. he is someone who is always reached out. >> the phrase that i use is ripped up the script. we just saw images of desmond tutu. the anglican experience against the africana experience in south africa. with in the religion of south africa, there has been so much to mull. -- tumult. catholic, what do you see for south africa as they try to move forward? this is a huge issue. >> nelson mandela was a huge, unifying figure. even in the last years of his life, he still helped people together. what will happen among these groups in the coming days and years will be critical. >> when you see south africa, do you perceive that religion still is front and center? i believe that he was in a methodist school coming out of the tribes way back. his religion still important there? >> i think that the anglican church still has a pr
the economy there collapsed. that plays into capitalism. >> when he was elected, many people did not know who he was. we are still learning about him and his time. also, his interactions with the poor. he is someone who is always reached out. >> the phrase that i use is ripped up the script. we just saw images of desmond tutu. the anglican experience against the africana experience in south africa. with in the religion of south africa, there has been so much to mull. -- tumult....
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Dec 8, 2013
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so that is the origins of the economy. what really changed, major change was when the ford was finally closed in 1898 and when they discovered a different route into the mining districts which people didn't have to go. they were all rail lines. this little town was about to go under but nobody knew this. while all of this was going on there were federal surveys going on in the entire pacific northwest determining what is the marketable timber in this region? right behind me, i don't know if you can see it or not it is basically white pine, william -- millions of acres of white pine. a report was made from a survey in 1898. that report was made public and of course you can guess what happened then. all the major timber companies including the biggest warehouser was diamond international. they came to this area. so that is really what produced the town. when you walk through the town today that was the town that was primarily reduced. the town's population was about 500 in 1900. by 1910 it was almost 8000. coeur d' alene tod
so that is the origins of the economy. what really changed, major change was when the ford was finally closed in 1898 and when they discovered a different route into the mining districts which people didn't have to go. they were all rail lines. this little town was about to go under but nobody knew this. while all of this was going on there were federal surveys going on in the entire pacific northwest determining what is the marketable timber in this region? right behind me, i don't know if you...
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Dec 6, 2013
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and government can't solve all of that and we live in an economy that is global and technological and changing faster than ever before in history but government can't stand on the sidelines when we're doing that and without some faith in our capacity for collection t collective action, government is us. govern's ngovernment's not somebody else. members of congress have the capacity to change it, member as well as the president. >> let's talk about these young people who came here to study government and how it can be run. there's theories about how to become president of the united states. kennedy had direct contact with his cabinet writers and then strong chief of staff, the military command system of general eisenhower as president and of course ronald reagan did it with a superb chief of staff, a strong one, jim baker. zeke emanuel said there should have been a ceo assigned to you with unique responsibility to oversee health care. there wasn't. when secretary sebelius appeared and it was asked who was in charge? and it didn't seem like there was a strong top-down authority system f
and government can't solve all of that and we live in an economy that is global and technological and changing faster than ever before in history but government can't stand on the sidelines when we're doing that and without some faith in our capacity for collection t collective action, government is us. govern's ngovernment's not somebody else. members of congress have the capacity to change it, member as well as the president. >> let's talk about these young people who came here to study...
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economy this, is the system settled on. at least privately, late in the evening. considering what the president said just this afternoon. >> bottom line is that law is working and will into future. >> senior fellow and author this is unbelievable. this is, so, had this is is from the report. they'll submit that to the government. once built, government and insurers can reconcile the payment to true up payments. oh, joy. so it's basically on honor system? >> basic thing to understand is that it's not a bail out of insurers but president. two weeks ago we heard from one of the top it officials is that system to pay insurers hadn't been built yet. >> 30% has not been built. we talked about what part is that? so now, they're saying how are insurance going to get paid? this is the solution? >> we're going to trust the insurance companies to say i think you owe me x amount? >> what is the alternative? if insurers don't get paid that way. they'll withdraw from markets. >> the only way we can keep insurers in the market is pay them in advance. >> when it's a person succes
economy this, is the system settled on. at least privately, late in the evening. considering what the president said just this afternoon. >> bottom line is that law is working and will into future. >> senior fellow and author this is unbelievable. this is, so, had this is is from the report. they'll submit that to the government. once built, government and insurers can reconcile the payment to true up payments. oh, joy. so it's basically on honor system? >> basic thing to...
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Dec 4, 2013
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but the economy is certainly better today than it was in 2009, so -- >> i want to put dollars and cents to this. this is the difference in the cbo projected savings. they're projects $222 billion in a year from medicare and medicaid from this slowing of health care costs. the sequester is $87.9, and the cuts to food stamps is $23.8 billion. >>> i have been on twitter all day about this, they can't find a single positive thing to say about the law. literally it could bring people's health care costs down to zero, they could cure cancer, and conservatives would be shouting from the rooftops that it's a disaster. i think this california thing is hysterical. in part because it's the sort of natural conclusion of the republican panic about this. they vote in mass against the law even though it originated in republican ideas. they vote to try to repeal it unsuccessfully. the website they think will sink it, and then they just throw toilet paper at it. >> and in the absence of a website that wasn't malfunctioning, they created their own website to malfunction, right? they weren't served a gift
but the economy is certainly better today than it was in 2009, so -- >> i want to put dollars and cents to this. this is the difference in the cbo projected savings. they're projects $222 billion in a year from medicare and medicaid from this slowing of health care costs. the sequester is $87.9, and the cuts to food stamps is $23.8 billion. >>> i have been on twitter all day about this, they can't find a single positive thing to say about the law. literally it could bring...
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Dec 4, 2013
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economy of a company like boeing making great planes. and they do make great planes. they make the best planes in the world. they have the best aircraft workers in the world in washington. they wanted to re-negotiate a labor contract a couple years ahead of its expiration. the state of washington was willing to give $9 billion in tax incentives, the largest in the history of the state by far to keep boeing there. and it's not like boeing is in debt. $4 billion in profits last year. good stock price, all of those orders as you indicate, and what i see this becoming, unfortunately, is a race to the bottom. and that's not a race that we want our workers to be in. that's not ultimately a race that's going to be good for the u.s. economy. >> doesn't question come up about boeing's quality because the work force is there in seattle, all of the infrastructure, when i say infrastructure, i'm talking about all of the guts that are put together to put an aircraft like this together. this is going to have to be major facility construction in these other states that simply can't
economy of a company like boeing making great planes. and they do make great planes. they make the best planes in the world. they have the best aircraft workers in the world in washington. they wanted to re-negotiate a labor contract a couple years ahead of its expiration. the state of washington was willing to give $9 billion in tax incentives, the largest in the history of the state by far to keep boeing there. and it's not like boeing is in debt. $4 billion in profits last year. good stock...
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Dec 5, 2013
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our closer says the economy has 20 of momentum. is loftygh there expectations for tomorrow's jobs report, she believes the expectations will be met. she is a bloomberg best for her stellar forecasting ability and .our -- and a senior economist welcome back. last jobs report of the year tomorrow. lookdo you think it will like? >> all of the other labor market data that has been coming in has been coming in very healthy. expectations are also very lofty for tomorrow's report. the supporting data says we will get a nice, big support. at 190 five, slightly above consensus. in, coalescing around the 200,000 level. if it comes in around that mark, markets are expecting that kind of number. you set yourself up for a big knee-jerk reaction if we do not meet that number. that said, we are trading down because there is good economic data, and everyone says we will pave her sooner than perhaps the market was like. so if we get the week report bar roque, it might not necessarily be the worst thing for the markets. quac >> weak or strong, it wi
our closer says the economy has 20 of momentum. is loftygh there expectations for tomorrow's jobs report, she believes the expectations will be met. she is a bloomberg best for her stellar forecasting ability and .our -- and a senior economist welcome back. last jobs report of the year tomorrow. lookdo you think it will like? >> all of the other labor market data that has been coming in has been coming in very healthy. expectations are also very lofty for tomorrow's report. the supporting...
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Dec 4, 2013
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>> i mean listen, the idea is obviously the economy gets better the odds of a reduction? asset purchases in december goes up, yields should go up and stocks down in a short term. taking a step back from the fed december meeting, no one thinks as the economy gets better and fed pulls back they're going to be able to thread this needle perfectly and no reaction in risk assets whatsoever. the question is whether or not the reaction is appropriate and more importantly sustainable. once this dislocation, people move past nervousness about the fed, once that all runs its course, the bias remains to the upside for the economy and stocks. >> diane, what your expectations throughout the december fed meeting? does anybody think anything is going to happen then sp. >> i think the fed is going to set the stage for the tapering process. they're nervous about the asset purchase program. they believe holding long-term rates lower longer for a longer period of time is a better way to go. they have to convince financial markets to do the pivot away from the asset purchases to this sort of
>> i mean listen, the idea is obviously the economy gets better the odds of a reduction? asset purchases in december goes up, yields should go up and stocks down in a short term. taking a step back from the fed december meeting, no one thinks as the economy gets better and fed pulls back they're going to be able to thread this needle perfectly and no reaction in risk assets whatsoever. the question is whether or not the reaction is appropriate and more importantly sustainable. once this...